Bought near the close at 22.60 for 1K shares. I will be out at around $25. Daddy needs new shoes for Xmas! LOL
Unfortunately, I bought HFC earlier last week to get the special divy. Still trying to break even.
I've been tracking HFC vs WNR. WNR goes down less than HFC on a down day. Yet, WNR goes up MORE than HFC on an up day. I don't own WNR but wanted to because they had declared stock buy back.
However, I loaded up on BP yesterday AM. 6% divy yield!!
That would put the dividend yield at 6.85%. Highly doubtful it will hit $35. Anything lower than $38 is a takeout bait.
I already loaded up BP this morning and I bet $38 support will hold.
I'm betting that OPEC cut will rally the sector. If so, a cap appreciation plus divys will satisfy my appetite. if not, then I will be a long term bagholder. LOL
rule of thumb: If you like the products, that's fine. Don't ever fall in love with the stock. Insiders are already laughing all the way to the bank.
Before you know it, you'll be part of the class action lawsuit. It happens all the time especially with hyper stock with hockey stick growth. They tend to always over forecast and under delivered.
But first, do your due diligence and find out about inventory in distribution channels. If supply is more than 2 months on hand, Houston, we have a problem!
In the meantime, please pump this stock! I'm waiting on the wing to short this POS!
I don't buy action cams nor do I care for one. Anyone who buys an action cam usually leaves it on his desk 98% of the times until the "next adventure".
Action cams are NOT like iPhones where consumers upgrade every 2 years or so.
As my subject heading says, "no more shares to short". I WANT to short GPRO but NO shares to short. This rally has already been priced in for whatever Xmas rally there is. My kids has been asking me for iPhone6. Gees, I wonder where my discretionary spending will go to...?
Lastly, the fact that GPRO is already at Costco tells me they have peaked.....
Sony is coming on strong with their own lines of action cameras. I definitely think Sony's cams are much nicer looking and better quality cams vs GPRO.
GPRO is a one trick pony. Commoditization will kill them!
Dont' get fixated on "beating estimates". These are long term capital projects with long lead time due dates. Due dates changes can be caused by many factors that are out of JKS control. We are not dealing with booking as many iPhones by qtr end here. if you have never worked for an EPC firm (engineering, procurement, and construction), then you have NO idea what it's like to buildout a large scale project
Fact is, chinese solars balance sheets are getting STRONGER by the quarter. Furthermore, it's fair to say that GP going forward can be anywhere between 18-25% depending on country of region that is being sold to during that quarter.
What can SCTY do that these Chinese solars can't do? It must be nice that Wall Street has Elon's back..! SCTY valuation is nosebleed high.
Massive layoffs + stock buyback = higher incentive package for Chambers. That's how corporate America works.